Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Bear Market Rally (-75) - GBPMUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPMUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been DOWN since Mar 8th, 2022 at 56.422520
The intermediate-term trend has been UP since Jun 27th, 2022 at 55.885479
The short-term trend has been DOWN since Jul 1st, 2022 at 54.385364
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.497838 | 55.528467 | 54.216903 | 54.216903 | -1.280935 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.497838 | 2022-07-05 08:52:17 |